Org.nr 925 437 948 2021 → 2022 Year-over-year analysis

BEWI ASA: årsregnskap 2022 vs 2021

Shrank 89% on revenue, slipped into loss

approved 2023-10-24; registry 2023-10-30; journal 2023 735855

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for BEWI ASA. Revenue 47.00m NOK → 5.00m NOK (-89.4%). Net result +333.00m NOK → -23.80m NOK. Equity 31.59bn NOK → 4.59bn NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BEWI ASA.

Scorecard

Revenue
47.00m NOK 5.00m NOK
-89.4%
Operating result
-519.00m NOK -57.80m NOK
+88.9%
Net result
+333.00m NOK -23.80m NOK
-107.1%
Equity
31.59bn NOK 4.59bn NOK
-85.5%
Cash
8.78m NOK 5.50m NOK
-37.3%
Total assets
57.25bn NOK 8.39bn NOK
-85.4%

What improved

  • ↑

    Operating result improved

    Operating result -519.00m NOK → -57.80m NOK (op. margin -1104.3% → -1156.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 47.00m NOK to 5.00m NOK (-89.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 333.00m NOK profit to a loss of 23.80m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 31.59bn NOK → 4.59bn NOK (equity ratio 55.2% → 54.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.78m NOK → 5.50m NOK (-37.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 171.0k NOK → 14.90m NOK (0% → 298% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 31.26bn NOK → 4.62bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 98.00m NOK → 6.10m NOK. Reported fact